Jin10 data May 14 news, ING analyst Francesco Pesole stated in a report that the euro has seen a rise against the dollar due to the lower-than-expected US inflation data released on Tuesday, but the room for further appreciation may be limited. Against the backdrop of market expectations that US economic data will continue to be weak, investors may continue to bet on a weaker dollar. However, as the European Central Bank continues to cut interest rates, the euro "is not in a particularly advantageous position" to benefit from this trend. In addition, in the context of improving market risk appetite, investors are more inclined to turn to high-risk currencies rather than the euro.
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ING: The rise of the euro may still be limited.
Jin10 data May 14 news, ING analyst Francesco Pesole stated in a report that the euro has seen a rise against the dollar due to the lower-than-expected US inflation data released on Tuesday, but the room for further appreciation may be limited. Against the backdrop of market expectations that US economic data will continue to be weak, investors may continue to bet on a weaker dollar. However, as the European Central Bank continues to cut interest rates, the euro "is not in a particularly advantageous position" to benefit from this trend. In addition, in the context of improving market risk appetite, investors are more inclined to turn to high-risk currencies rather than the euro.